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| The Council of Old Monk Rum Addicted Drinkers & Ec Network is not currently active and cannot accept new posts | Drink your OM in Peace | Views: 566 | Feb 06, 2006 10:34 am | | Drink your OM in Peace | # | Fitzgerald Fernandes | | Hi all
It's that time of year when you've got to plan your investments to save on some tax. You NO longer have to invest in the low yield opporunities like PPF, Infrastructure Bonds, etc. where the rate of return is just 6-7% p.a. (and taking inflation into account, just about 1%).
You can invest the blanket limit of Rs.1,00,000 in any tax saving scheme. Unit linked insurance plans offer some of the highest returns (Kotak has given returns in excess of 40% since April 2005)WITH 100% SAFETY (Your prinicipal with some interest is guaranteed, UNLIKE mutual funds). On top of that, you are also insured.
If any of you have not yet finalised your investments for the year may I request you to get in touch with me (cell no. 98677 60628) and I or my Kotak Life Insurance representative will call on you.
Then you can sit back with that precious liquid of yours and really enjoy it in peace.
Your Friendly Life Advisor Butch Private Reply to Fitzgerald Fernandes | |
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